Serbia to invest EUR 22bn in transport infrastructure by 2027.

By bne IntelliNews June 25, 2010
Serbia will invest EUR 22bn in transport infrastructure by 2027, infrastructure minister Milutin Mrkonjic has stated presenting the country's transport sector strategy. The minister said that the funds for transport infrastructure projects will be secured from IFIs, such as the EBRD, EIB, the World Bank, etc. Most of the funds, some EUR 13.7bn, will be invested in road infrastructure, EUR 7.5bn - in railway infrastructure, while around EUR 400mn will be invested in water transport and air transport infrastructure. The construction of road and railway infrastructure along pan-European Corridor 10, and water infrastructure along the Danube river are priority projects. The head of the EU delegation in Serbia, Vincent Degert, said the creation of master plan gave Serbia a clear framework and a list of priorities for investment in infrastructure over the next two decades. He also stressed the importance of infrastructure investment in Serbia in light of the country's ambition to attract more foreign investors.

Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

Serbia's external debt up 4.7% y/y to EUR 25.4bn at end-Feb 2013.

Serbia's foreign debt rose an annual 4.7% y/y to EUR 25.4bn at end-February after climbing 6.6% on the year in January, central bank data showed. In monthly terms, however, the external ... more

Vip Mobile Serbia signs five-year managed services deal with Ericsson.

Swedish company Ericsson said it has signed a five-year managed services contract with Vip Mobile - the Serbian arm of Telekom Austria Group. The agreement includes field maintenance services for ... more

Telenor and Societe General possible buyers of Serbia's KBC Banka - report.

Norwegian telecommunications firm Telenor and France's Societe General are seen as possible buyers of the Serbian unit of Belgium's KBC Group, which has been on sale for several years now, a ... more

Follow Us On

Most Read

  1. Iran vs Israel: Who is better equipped for war?
    6 days ago
  2. Saudi Arabia to scale back plans for Neom city
    10 days ago
  3. Oil continues to flow to Israel via Turkey despite Erdogan’s vehement speeches on plight of Gaza
    5 months ago
  4. BREAKING: Iraq, Syria and Jordan close airspace amid Iranian strike on Israel
    6 days ago
  5. Russia’s war economy boosted by rising oil prices
    4 days ago
  1. Russia could pay off its entire external debt tomorrow, in cash
    20 days ago
  2. Speculation swirls of “Men in Blue” in Crocus City Hall terrorist attack linked to FSB
    25 days ago
  3. Albanians campaign on social media to keep bus bridge created in freak accident
    1 year ago
  4. UBN: Russia could take the Baltic states in 48 hours
    30 days ago
  5. BRICS announce a blockchain-based payment system to create a common currency
    23 days ago

Reports

Dismiss